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Author Topic: incentive program Thursday to promote the use of blender pumps in SD  (Read 1021 times)

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Offline Dan M

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Until recently, few South Dakotans had ever heard of "blender pumps."

That changed this week with a dust up between the governor and Senate Democrats over how to tax various blends of ethanol now available at only a few pumps in the state.

The pumps allow customers to pick a wide variety of ethanol blends - anywhere from 10 percent to 85 percent - by simply pushing the right button. It's about as complicated as buying a can of pop, and thanks to the changing demands for alternative fuels, soon will be a common sight across South Dakota.


Representatives of a the corn and ethanol industries announced a new incentive program Thursday to promote the use of blender pumps. They predicted the state will be a bellwether for the nation in bringing about their widespread use. They hope to have 100 new pumps in operation in South Dakota within a year.

Drivers of flex-fuel vehicles designed to run on ethanol blends as high as E85 might see fuel economy soar by using blends such as E20 or E30. And by 2012, Ford, General Motors and Chrysler all are committed to making at least half their cars and trucks flex-fuel vehicles, said Robert White, operations director of the Ethanol Promotion and Information Council.

http://www.argusleader.com/apps/pbcs.dll/article?AID=/20080502/NEWS/805020305/1001

 

Offline DragonWhip

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Go to it S. Dakota, good job. Later.
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Offline furball64801

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I think this is the only way to go, I wish it was available to anyone that wanted to use it.

 


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Alternative Fuel Infrastructure Tax Credit A tax credit is available for the cost of installing alternative fueling equipment placed into service after December 31, 2005. < /br>Qualified alternative fuels are natural gas, liquefied petroleum gas, hydrogen, electricity, E85, or diesel fuel blends containing a minimum of 20% biodiesel. < /br>The credit amount is up to 30% of the cost, not to exceed $30,000, for equipment placed into service before January 1, 2009. The credit amount is up to 50% not to exceed $50,000, for equipment placed into service on or after January 1, 2009.

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